TAUPO CBD BLOCK OF FLATS, UNIT TITLE POTENTIAL, 9% YIELD

Listing Number:  1567
Posting Date:  15 August 2009






 
Price:$653,000
Listing:TAUPO CBD BLOCK OF FLATS, UNIT TITLE POTENTIAL, 9% YIELD
Type:Unit/Flat : Subdivision Potential
Category:Assignment
Bedrooms:6+
Bathrooms:3+
Region:Waikato
Site Area: 
Address: Login
Building Area:1012 m2
Property Image

Description:

6 x 1 bed units plus 1 x 3 bed unit and garage.
One fee simple Title
Rental Appraisal $1130 per week
RV $681,000
Purchase Price: $653,000 (Includes finders fee)

Excellent Unit Title Potential

High land value location on Spa road with commercial rezoning in the area.

Recent renovation inside and out

Currently under rented

Contract ends 5pm 7th September

With the new east Taupo arterial route being built Spa road will become a major transport road which will attract more commercial business. This will lead to higher demand / capital growth in this area.

Be quick, good blocks of units are hard to find in Taupo.


Additional Documents:

Click to Download
Description: Deed of Assiginment
File Size: 63 Kilobytes
Click to Download
Description: Rental Appraisal
File Size: 315 Kilobytes